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Ecuador Political News

7/18/09 – Ecuador warned over two oilfield seizures

“Ecuador warned over two oilfield seizures
Financial Times, July 18, 2009

“Ecuador’s seizure of two oil concessions operated by Perenco exposes the state to ‘billions’ of dollars in compensation claims, Rodrigo Marquez, head of the group’s Latin American division, said yesterday. … ‘We’ve been expelled and our assets have been taken over,’ Mr Marquez told the Financial Times. ‘They are trying to say they did not really take over the facilities because they did not send the army in, but before we were due to start the suspension of activities government officials went in . . . and started to persuade the employees not to carry out their instructions. You would appreciate that an employee caught in that situation would feel intimidated,’ he said.”
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#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon.
The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the…
Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer:
Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars.

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